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DSK
 
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Your reply overlooks the fact that the seller will demand a greater
number of US dollars for a bbl of oil when that currency is weak.



NOYB wrote:
Nope again.


You just flunked freshman econ... again... will you (and the rest of the
Bush-Cheney cheerleaders) ever learn?

... What drives the price is competition from competing currencies.


That is a factor, yes.

Not the deflated value of the dollar.


Ahem... look up the definition of "deflated" with respect to currency...
and re-think this statement... actually, don't "re-" think it, think for
the first time...

DSK

 
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